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Bessent warns countries refusing to negotiate can expect increased tariffs
Treasury Secretary Scott Bessent said he’s prepared to set tariffs against countries that won’t negotiate with him. The ...
Bessent: Countries bringing ‘good proposals’ with ‘a few exceptions’
Treasury Secretary Scott Bessent stated that the Trump administration’s tariff overhaul has positioned the U.S. for better ...
Bessent weighs in tariff price hikes at Walmart
Treasury Secretary Scott Bessent acknowledged Sunday that Walmart, the largest U.S. retailer, may pass along some of the ...
Scott Bessent urges tax cuts to offset possible tariff inflation
Treasury Secretary Scott Bessent suggested critics of President Donald Trump's tariff plan should be open to cutting taxes, calling them “deflationary.” ...
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Walmart blames price increases on Trump, president demands company ‘eat the tariffs’
Trump has repeatedly claimed foreign nations will cover the tariffs, but Walmart has already started to raise prices in ...
Scott Bessent says tariff rates will return to ‘reciprocal’ levels if countries don’t reach trade deals with US
There are 18 “important” trading partners that the United States is most focused on solidifying deals with, Bessent said. He did not say how quickly tariff rates could revert to “reciprocal” rates.
Bessent Says More U.S.-China Trade Meetings Likely in ‘Next Few Weeks’
Treasury Secretary Scott Bessent said the U.S. and China could start work soon on a fuller trade agreement, after the ...
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Larry Summers Lauds Scott Bessent For Reading Market Signals And Backing Off ‘Disastrous’ China Tariffs: ‘Good To Blink When You Make A Mistake’
Former Treasury Secretary Larry Summers praised Scott Bessent, who currently serves in that role under President Donald Trump ...